Form 4 for CXT Crane NXT, Co.
Accepted 2021-08-16 00:00:00 ET · period of report 2021-08-12 · accession 0000025445-21-000138 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-08-16 | 2021-08-12 | CXT | Maue Richard A | SVP, CFO | F - Tax | $104.09 | -14.4K | 84.9K | -15% | -$1.50M |
| D | 2021-08-16 | 2021-08-12 | CXT | Maue Richard A | SVP, CFO | M - OptEx | $64.78 | +18.1K | 99.4K | +22% | +$1.17M |
| D | 2021-08-16 | 2021-08-12 | CXT | Maue Richard A | SVP, CFO | M - OptEx | $0.00 | -18.1K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | CRANE CO. COMMON, PAR VALUE $1.00 | 2021-08-12 | F | D | 14,432 | $104.09 | 84,927 | D | — | — | (F1) Mr. Maue exercised 18,099 stock options, priced at $64.78 and due to expire 01/27/2024, at a market price of $104.09. The resulting after-tax gain was taken in the form of 3,667 shares of Crane Co. Common Stock, resulting in a net increase in Mr. Maue's direct holding by that amount, to 84,927 shares. Mr. Maue tendered 11,264 shares of previously owned stock to pay the exercise price of the option, and 3,168 shares were withheld to pay taxes on the resulting gain. |
| 2 | Common | CRANE CO. COMMON, PAR VALUE $1.00 | 2021-08-12 | M | A | 18,099 | $64.78 | 99,359 | D | — | — | (F1) Mr. Maue exercised 18,099 stock options, priced at $64.78 and due to expire 01/27/2024, at a market price of $104.09. The resulting after-tax gain was taken in the form of 3,667 shares of Crane Co. Common Stock, resulting in a net increase in Mr. Maue's direct holding by that amount, to 84,927 shares. Mr. Maue tendered 11,264 shares of previously owned stock to pay the exercise price of the option, and 3,168 shares were withheld to pay taxes on the resulting gain. (F2) Includes 4 shares stock acquired through the Company's dividend reinvestment plan. |
| 3 | Derivative | Employee Stock Option (Right to Buy) | 2021-08-12 | M | D | 18,099 | $0.00 | 0 | D | $64.78 · — to 2024-01-27 | 18,099 CRANE CO. COMMON, PAR VALUE $1.00 | (F4) The options were granted 1/27/2014 with a ten-year term and vested 25% each year over four years. |